Reasons for Internationalization
Niche products, growth strategy, new markets, competitiveness, company image, personal motives, and diversification.
Globalization
Increasing, economically and culturally significant, driven by technology, cross-border trade, and global competition.
Criticisms of Globalization
Sovereignty issues, environmental concerns, inequality, personal stress.
International Business Operations
Sales expansion, resource acquisition, risk reduction.
Types of International Organizations
Multinational enterprises, collaborative arrangements.
Factors Affecting International Operations
Physical, institutional, competitive.
Internationalization Strategies
Product, operational, and market strategies.
Key Resources for Internationalization
Personnel, production, financing